The current situation in the USD/CAD pair presents a complex and somewhat murky picture, making it challenging to determine the next clear direction. The recent decline in the pair aligns with the broader weakening of the US dollar following the...
One of the key advantages of a trading strategy is that it helps mitigate emotional decision-making. Fear and greed are common emotions that can cloud judgment and lead to poor decisions. By sticking to a strategy, traders can avoid the pitfalls of...
Gold prices experienced a pause in their upward momentum on Friday, interrupting a three-day winning streak as investors opted to secure profits ahead of the highly anticipated US non-farm payrolls (NFP) report. Additionally, the rising yields on US...
The EUR/USD pair continued its impressive ascent on Thursday, decisively breaching its 200-day Simple Moving Average (SMA) following the European trading session. This breakout signaled a significant surge in bullish momentum, reinforcing the pair's...
The Swiss Franc (CHF) has demonstrated significant strength against the US Dollar (USD), surging notably on Thursday despite mixed US economic data that hinted at ongoing deterioration. This robust performance drove the USD/CHF pair down to 0.8835...
